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How much does a guesthouse investment in Tavira cost?

Guesthouse in Tavira

ref. TV1919
2.725.000€ 2.400.000€
  • C
  • 15
  • 9
  • 1.510m2
  • 28.890m2
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A guesthouse investment in Tavira is available for £2,400,000, representing an exceptional opportunity in the East Algarve region. This unique property offers 11 bedrooms and various facilities, accommodating up to 67 guests and staff, making it ideal for those seeking to invest in a thriving hospitality business. Located close to Tavira, this secluded commercial property not only provides tranquility but also convenience, being just 16 km from the nearest beaches and well-connected to Faro International Airport and major destinations.
The main building spans a construction area of 1,582 m², set on an expansive plot of 28,890 m². With a proven track record of 25 years of successful operation, this establishment has the potential to attract a wide range of visitors looking for wellness retreats, yoga sessions, or even event hosting.
In addition to spacious guest accommodations, the property features multiple workshop spaces, offices, and a private valley perfect for leisure activities. Furthermore, the energy rating is C, ensuring that the property maintains reasonable running costs.
Investors can consider various commercial uses, including transforming the guesthouse into a spa, a hostel, or a wellness retreat, enhancing its appeal to diverse clientele.
With its serene countryside setting and ample outdoor spaces, this property combines potential profitability with the charm of the Algarve. Don't miss this investment opportunity—contact us now to schedule a viewing or for more details!

Usage
Commercial
Type
Guesthouse
Town
Tavira
Parish
Tavira (Santa Maria e Santiago)
Municipality
Tavira, Faro
Region
Algarve (East)
Construction Year
1994
Renovation Year
2000
Rooms
17
Bedrooms
15
Bathrooms
9
Floors
2
Furnished
Fully
Living Area
1.510 m²
Surface area
1.582 m²
Plot Area
28.890 m²
Country Road, Driveway, Turning Space
Private Parking, Parking outdoors
Lounge
Terraces, Roof Terrace
Dance/Yoga Studio
15
9
AC
Solar (Water)
Cistern, Mains electric, Septic tank
Water tank
Private, Natural, Trees
Panoramic View, Countryside View
• In operation
• Construction area: 1582 m²
• Plot: 28890 m²
• Construction year: 1994
• Accommodation for up to 67 participants and staff
• Idyllic countryside setting
• Private valley with independent retreat infrastructure
• On-site car parking
• Energy rating: C
• Nearest beach: 16 km

This spectacular property offers a variety of indoor and outdoor spaces both within the main building complex and in the private valley setting.

The property comprises a main building complex with accommodation on two floors, workshop rooms, an office building and service facilities built in 2000, and a small separate house for staff/owner’s accommodation built in 1994, all formally licensed. Complementing this is a private valley with a beautiful natural environment that is used for leisure activities and can be used as a separate, independent setting.

The cultural center has been successfully in operation for 25 years, needs to be renovated depending on its use, has legally valid house documents and offers several workshops, large rooms, accommodation for guests, as well as accommodation for staff.

Possible use of the property:
• Hostel
• Guest house with treatments, such as SPA etc.
• All types of retreats, such as silent retreat, yoga retreat, botox, zero diet under supervision
• Any kind of specialty clinic
• All kinds of leisure activities with SPA, restaurant, sports activities,
• As a mediation center
• Self-discovery training
• Event resort

With further renovation work, it could become a retirement and nursing home or a health resort.

Main building:
• 11 bedrooms and two dormitories accommodating up to 37 people
• Nine bathrooms
• Two large indoor workshop studios with stages
• Reception area, dining area and kitchen
• Courtyard, garden spaces and roof terraces
• Office and administration area
• Laundry and storage rooms
• Studio with accommodation for one member of staff
• Staff bedroom on the terrace

Separate house:
• Kitchen/dining area
• Living room or bedroom
• Bedroom or office
• Bathroom
• Private terrace

Outside:
• Garage/workshop
• Water tank
• 12 wooden cabins, accommodating up to 28 people
• Large workshop room
• Large tipi
• Sweat lodge (temporary)
• Two shower and toilet blocks
• Kitchen and dining facility

Amenities

• Water from borehole
• Septic tank (“fossa”)
• Mains electricity, water and drainage
• Solar panels for hot water
• Private on-site parking
• Licenced for business use as a Cultural Centre
• Water tank used as swimming pool

Location

• Distance to sea: 11.5 km
• Nearest beach: 16 km (Praia do Barril; Praia da Fuzeta Ria)
• Nearest golf: 18 km (Benamor)
• Nearest town: 12 km (Tavira)
• Faro International Airport: 31 km
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